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Ultim V

Active
Private limited companyfounded 2016active for 9 yearsJoe Englishstraat 12, 8000 Brugge, BelgiumKBO/BCE: BE 0666.417.714
Summary

Ultim V has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334,733 and a net result of €240. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 56% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-11-2016 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.260.838.089 8200 Brugge, since 16-11-2016
Financial year end
30 June
Peppol
Reachable since 21-11-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€27,006
▼ 36.5%
Turnover
≈ €79,000
estimated
Profit
€240
▼ 98.5%
Equity
€334,733
▼ 3.8%
Total assets
€542,080
▼ 6.3%
Filed on 05-01-2026, 26 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.80, cash €2,619lowers riskSize: total assets €542,080Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €334,733 (61.7% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 87+2
equity 61.7% of total assets
Liquidity 51+1
short-term debt 3.9% · cash 0.5%
Profitability 69-3
return on assets 0.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.2 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.7 in 2024), below 1. Short-term debt is 3.9% and cash 0.5% of total assets. 38.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 57% of them on solvency, 37% on liquidity, 31% on profitability and 33% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.80, cash €2,619
NBB · annual accounts
lowers risk · Size: total assets €542,080
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €334,733 (61.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
26 days early
2024
80 days early
2023
1 day late
2022
55 days early
2021
35 days early
2020
23 days early
2019
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 December (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 82% of companies in head offices and management consultancysector median €78,218 · 39,274 companies €334,733 View

Recent changes

  1. · Gazette deed Registered office moved within BruggeChange of role: VERHELST Philippe Albert André, from manager to director
  2. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Ultim V: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €464,000 and €631,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
Ultim V Brugge€542,080€27,006
DOUTRY BRECHT Roeselare€469,920€22,076
WORK WIZARDS Beringen€561,804€27,918
Chase Consulting Aarschot€464,332€28,487
SOLVAS CONSULTANCY Lievegem€515,971€23,734
MASHATU Pepingen€564,666€25,236
MOABI Brecht€631,230€28,085
Full comparison

Key facts about Ultim V

What is the company number of Ultim V?
The company number of Ultim V is 0666.417.714. The VAT number is the same number with BE in front: BE 0666.417.714.
Where is Ultim V based?
The registered office is at Joe Englishstraat 12, 8000 Brugge.Company details
What does Ultim V do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Ultim V?
The legal form of Ultim V is Private limited company (BV).
When was Ultim V founded?
Ultim V was founded on 16-11-2016.
Is Ultim V still active?
Yes, Ultim V is an active enterprise in the KBO register.
What is the turnover of Ultim V?
The turnover in financial year 2025 is ≈ €79,000. This figure is estimated from the gross margin of €27,006 and 145 comparable companies (NACE 70200). It probably lies between €46,000 and €110,000.Financials
Is Ultim V profitable?
In financial year 2025, Ultim V made a profit of €240.
Where can I find the annual accounts of Ultim V?
Ultim V filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ultim V due?
Ultim V must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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